Cardano just landed inside a Wall Street ETF and investors are taking notice, Cardano price prediction turns bullish.
By Parth Dubey
Editor Yana Khlebnikova
Updated
3 mins read
Cardano just got a major visibility boost, thanks to Bitwise uplisting its Bitwise 10 Crypto Index ETF (BITW) to NYSE Arca.
ADA now sits inside a regulated Wall Street product with national exchange exposure, placing it alongside the ten largest crypto assets in the market.
The move gives Cardano broader investor access and a stronger foothold in institutional portfolios as crypto adoption continues to expand
While ADA carries only a 0.65% share of the index, its inclusion alongside Bitcoin, Ethereum, Solana and XRP means that investors can buy the token through a brokerage account without touching actual crypto wallets.
Bitwise’s strategy aims to capture the largest and most resilient digital assets through monthly rebalancing, liquidity checks, custody assessments, and regulatory screenings.
The ADA daily chart shows the price sitting at the very end of a long descending wedge, a structure that has been forming since the mid‑cycle peak.
ADA is now hovering just above a major support area near $0.30, a level that previously acted as a strong floor for buyers.
If bulls manage to break ADA out of this wedge, the first key target sits near $0.70, which lines up with the next major resistance zone.
A successful reclaim of the $1.32 to $1.40 region could then open the door for a push toward the $2 mark, a level that would confirm a full trend reversal.
The bearish scenario is still in play, since a rejection at the lower wedge boundary could send ADA back toward the $0.30 support, a move that represents a potential 27% decline.
If ADA does revisit this area, many investors may view it as a final accumulation opportunity before a larger breakout toward $2 and beyond.
What changes this cycle is the silent role Wall Street now plays. BITW carries ADA automatically through its index rules, and if institutional flows into the ETF grow, ADA receives indirect benefit without retail-driven hype.
The ETF structure also introduces ADA to investors who never considered direct crypto purchases but who now encounter Cardano’s name inside a regulated, diversified product.
Over time, this type of passive exposure could put ADA on a bullish path to double digit gains.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Cardano (ADA) has reached a historic milestone with its community approving a $71 million grant to fund core protocol upgrades via Input Output Engineering (IOE).
By Parth Dubey
Edited by Julia Sakovich
Updated
2 mins read
Cardano ADA $0.25 24h volatility: 3.1% Market cap: $9.10 B Vol. 24h: $411.68 M eyes a leap to $1 with the community approving a $71 million grant (96 million ADA) in a landmark governance vote. The grant will be used to fund a year-long protocol roadmap by Input Output Engineering (IOE), the chain’s core development team. This is the first time ever that Cardano’s core upgrades will be directly financed by the community treasury.
With 74% of voters backing the proposal, the initiative seeks a transition toward transparent, decentralized funding and delivery. The overwhelming community engagement makes ADA one of the best crypto to buy.
The Cardano community just made history.
For the first time ever, core development funding has been directly approved by the community – ushering in a new era of decentralized governance.
Thank you all for your support. This is more than a vote of confidence, it’s a shared…
— Input Output (@InputOutputHK) August 2, 2025
The roadmap promises developments in scalability, developer onboarding, interoperability, and performance with Cardano’s community oversight body, Intersect, watching over the ecosystem.
“For the first time, core protocol development is being funded directly by the community. This vote of confidence empowers us to move forward with full transparency, shared responsibility, and a renewed commitment to building an open, resilient ecosystem,” said Tim Harrison, EVP of Community & Ecosystem at IOE.
All funding is milestone-based, with delivery confirmed via smart contracts and a dedicated committee. IOE is also required to publish monthly updates, engineering timesheets, and quarterly budget breakdowns.
On the daily chart, ADA is currently trading around $0.73, still locked under a long-term descending trendline that has suppressed multiple breakout attempts since its peak near $1.35.
A breakout above the descending trendline around $0.78–$0.80 would likely act as a springboard toward the psychological $1 level. The support zone sits near $0.58, with a horizontal base providing a clear invalidation point for bullish bets.
ADA Daily Chart with Momentum Indicators | Source: TradingView
For ADA to reignite bullish momentum and aim for $1, it must flip the $0.80 resistance into support and show follow-through volume. Until then, short-term swings may remain range-bound as fundamentals and sentiment battle it out.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
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